NO for sure IF you are doing your first deal then 75 25 is totally appropriate in my mind. 

I believe Hawaii will continue regulating STR and it will be harder to make the numbers work. 

But I am in FL, and Im sure that scares others, but I am not just talking about natural disasters - just general over-regulation. 

Pick up the phone or stop by local code enforcement offices to make sure that you have a crystal clear understanding of local laws and regulations.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Mitigation Strategies:Consider qualifying as a Real Estate ProfessionalGenerate passive income through strategic investmentsPlan property dispositions to release suspended lossesMake appropriate grouping electionsStructure leases to demonstrate active participationThe Bottom Line:Cost segregation studies remain a valuable tax planning tool.

I exited the market due to the short term rental regulations - properties that are rented under 90 days are considered short term.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.